There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Article 9 Secured Transactions -- Sales of Accounts, Contract Rights, and Chattel Paper
355.9.204 After-acquired property -- Future advances.
Download pdf(a) Consumer goods, other than an accession when given as additional security, unless the debtor acquires rights in them within ten (10) days after the secured
party gives value; or (b) A commercial tort claim. (3) A security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles, or promissory notes are sold in connection with, future
advances or other value, whether or not the advances or value are given pursuant to
commitment. Effective: July 1, 2001
History: Repealed and reenacted 2000 Ky. Acts ch. 408, sec. 34, effective July 1, 2001. -- Amended 1986 Ky. Acts ch. 118, sec. 61, effective July 1, 1987. -- Created 1958
Ky. Acts ch. 77, sec. 9-204, effective July 1, 1960.
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